hi i just wanted to ask this question because i am in a problem. can someone help with this
I operate an auto parts shop. The shop has gone out of business, and all assets have been sold. The following debts remain:
1. $10,000 owed to suppliers for merchandise that was sold to customers.
2. $20,000 owed to suppliers for merchandise that was ruined in an unexpected flood.
3. $35,000 owed to a customer who has a final judgement in a product liability suit against the auto parts shop.
For which of these debts can I be held personally liable?
a) None they were all business debts.
b) 1 only
c) 1 and 2 only
d) 1 and 3 only
e) 1, 2, and 3.
thanks